Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
TLRY and CGC both up today. Long and strong $ACBFF Hoping for the best GLATA
Don't think it's a deal with COKE. KO has not been halted. Don't know what's going down. Just hope it's good news..
Let's hope so! You never know what is going down. $ACBFF GLATA
This could be great news for $ACBFF. Let's keep our fingers crossed. They wouldn't halt this stock unless something BIG is going down. GLATA $ACBFF
Press Release: IIROC Trading Halt - ACB
BY Dow Jones & Company, Inc.
— 9:10 AM ET 09/18/2018
IIROC Trading Halt - ACB
Canada NewsWire
TORONTO, Sept. 18, 2018
TORONTO, Sept. 18, 2018 /CNW/ - The following issues have been halted by IIROC:
Company: Aurora Cannabis Inc. ( ACBFF
Loading...
Loading...
)
TSX Symbol: ACB
Reason: Pending News
Halt Time (ET): 09:03
IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.
SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions
View original content: http://www.newswire.ca/en/releases/archive/September2018/18/c6610.html
/CONTACT:
IIROC Inquiries 1-877-442-4322 (Option 2) - Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.
/Web site: http://www.iiroc.ca/ Copyright CNW Group 2018
(END) Dow Jones Newswires
09-18-18 0910ET
Thanks for the report. Great data to have and see the actual numbers.
It’s not just ACBFF that’s being shorted. All of the top MJ companies are being shorted. All you have to do is look at their charts. They are either all up in the green or all in the red. And the % is always very close to the same gains or losses. We need to show some profit to get things moving north in the green. The fundamentals have not changed. $ACBFF Is a great company and a good stock to buy and hold long term. I am long and strong with $ACBFF, $CGC and $APHRIA. They are three good stocks and are all major players in the MJ industry. Patience will prevail and make you $$$ for the long term. You haven’t lost anything or made anything until you sell. So for me I have been invested in these companies for 2 years and will wait and will remain a long term player and we will make a lot of $$$ for our investments in $ACBFF. But for the short term the top mj companies are being shorted IMO. GLTA.
Now do you see that I was correct about this stock and many other MJ stocks being shorted? I wish I was wrong but I saw this coming. And it is going to continue for a while longer. $ACBFF
By the way I am all in and long and strong with $ACBFF
GLTA
You to bro.. hopefully tons of Green Day’s ahead. We still have a lot of ground to make up from our past 52 week high. GLTU $ACBFF
I can’t wait. It couldn’t happen to a nicer group. Lol
Yes.
Up most definitely. I am long and strong. I just feel like the shorting isn’t over. Don’t like it but just my option. Hope I’m wrong.$ACBFF
Watch and see this week!
LMFAO
Agreed. This could be a dead cat bounce. Time will tell but I am in this for the long haul. $ACBFF
Great news about merger.
Aurora Cannabis Commences Compulsory Acquisition of Remaining CanniMed Shares
BY Canada NewsWire
— 6:30 AM ET 04/13/2018
TSX: ACB TSX: CMED
EDMONTON, April 13, 2018 /CNW/ - Aurora Cannabis Inc. ( ACBFF)
.
("Aurora") announced today that the Company has exercised its right under the compulsory acquisition provisions in Section 206 of the Canada Business Corporations Act (the "Act") to acquire all of the outstanding common shares (the "CanniMed Shares") of CanniMed Therapeutics Inc. ( CMMDF ) ("CanniMed") that it did not acquire under its recently completed offer (the "Offer") to acquire all of the issued and outstanding CanniMed Shares, by mailing a notice of compulsory acquisition (the "Notice of Compulsory Acquisition") to all remaining registered holders of CanniMed Shares. The compulsory acquisition is expected to be completed shortly after April 30, 2018. Intermediaries on behalf of beneficial holders will receive a notice from CDS.
Under the compulsory share acquisition, CanniMed shareholders must make an election no later than 5:00 p.m. on April 30, 2018 in accordance with the procedures in the Notice of Compulsory Acquisition mailed to registered shareholders, a copy of which is available under CanniMed's profile at www.SEDAR.com, and Section 206 of the Act.
To elect to receive the same consideration as that provided pursuant to the Offer, consisting of either 3.40 common shares of Aurora (the "Aurora Shares") (the "Share Alternative") or $43.00 in cash, subject to pro-ration (the "Cash Alternative"), per CanniMed Share, or any combination of Aurora Shares and cash based on a maximum of $43.00 in cash per CanniMed Share, with the cash being subject to the same pro-ration as the Cash Alternative (the "Share and Cash Alternative"), CanniMed shareholders must complete the letter of transmittal accompanying the Notice of Compulsory Acquisition and deliver it with the certificate(s) representing such shareholder's CanniMed Shares to Laurel Hill Advisory Group ("Laurel Hill") prior to 5:00 p.m. on April 30, 2018. Cash proration will be based on maximum cash available of approximately $6.0 million.
Shareholders who fail to elect will be deemed to have elected to receive Aurora Shares on the basis of 3.40 Aurora Shares for each CanniMed Share held.
Beneficial holders of CanniMed Shares must contact their broker for assistance in making their election. Questions and requests for assistance, including requests for additional copies of the Notice of Compulsory Acquisition and related letter of transmittal may be directed to Laurel Hill at 1-877-452-7184 for North America Toll Free or at 1-416-304-0211 for Collect Calls Outside North America (assistance@laurelhill.com).
Aurora has taken up and paid for 23,512, 487 CanniMed Shares held by those shareholders who accepted the Offer and which represent approximately 93.1% of the outstanding CanniMed Shares. Aurora also purchased 700,600 CanniMed Shares in the open market during the period of the Offer, and in aggregate holds 95.9% of the outstanding CanniMed Shares.
Upon completion of the compulsory acquisition, Aurora intends to take the necessary steps to delist the CanniMed Shares from the TSX V and to have CanniMed cease to be a reporting issuer (or equivalent) under applicable Canadian securities law.
Here’s a great article that makes a lot of insight as to what’s going on in the mj market. Long and strong on $ACBFF. GLTA
https://jutiagroup.com/20180409-pot-stocks-why-the-marijuana-market-is-still-slumping/
Here is a great article on $InMed.
https://finance.yahoo.com/news/inmed-pharmaceuticals-announces-graduation-toronto-100000171.html?.tsrc=rss
This will have no effect on acbff tomorrow. We are dealing with other issues as you can tell by the past several weeks. I am not trying to be negative, I am telling it as I see it. To many pumpers throwing out all these big numbers in coming weeks. Do your real DD and you will get a glimpse of where we are heading. This was a good thing to merger the two companies but we are now feeling the pain of the deal. I believe in $ACBFF but it’s going to be a slow process to get back to our 52 week high. IMO.
GLTA $ACBFF
I agree 100% Reverend. We probably have already hit the 52 week high for the year. I would love to see double digits again. I am long on $ACBFF but going to be a slow ride upward. IMO. GLTA
Here’s some news about legalization in Canada. Looks like the process is moving along and will take place in near future.
Canada prepares for legal pot with new license class, strict labels
BY Reuters
— 3:33 PM ET 03/19/2018
By Nichola Saminather
TORONTO, March 19 (Reuters) - Canada's health regulator on Monday set out thresholds for a new class of cannabis cultivation and processing licenses, and outlined strict requirements for the packaging and labeling of recreational marijuana ahead of its legalization this year.
The proposals were published in a document released by Health Canada, taking into account feedback from a public comment period on new cannabis regulations. The final regulations will be published after the cannabis act is passed.
Canada, the first major industrialized country to legalize recreational pot nationally, wants to ensure that the industry is tightly regulated and the product remains out of the hands of people under 18, Bill Blair, parliamentary secretary to the Ministers of Justice and Health, said in a statement.
The proposal includes the introduction of new micro-cultivation and micro-processing licenses to enable small-scale producers to participate in the legal industry, according to the paper.
A micro-cultivation license would authorize the growing of a plant canopy area less than 200 square meters (2,153 square feet), and a micro-processing license would allow the processing of less than 600 kilograms (1,323 lb) of dried cannabis, or its equivalent, each year.
The regulator also said it will require that all cannabis products be packaged in a tamper-evident, child-resistant opaque or translucent container and include a health warning on a bright yellow background, a standardized cannabis symbol and the tetrahydrocannabinol/cannabidiol content.
The product's label and package should be in a single, uniform color excluding any fluorescent or metallic colors, according to the report. Only one brand element, such as a logo, would be allowed in addition to the brand name.
(Reporting By Nichola Saminather Editing by Marguerita Choy)
Copyright © Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.
MORE ACBFF NEWS
BRIEF-Aurora Cannabis Announces ?Changes To Cannimed Therapeutics Board
Reuters - 7:30 PM ET 03/15/2018
Aurora Cannabis: Three Aurora Cannabis Appointees Will Join the CanniMed Board, Effective Immediately
DJ Realtime News - 6:51 PM ET 03/15/2018
Changes to CanniMed Therapeutics Board Following Share Take-Up by Aurora Cannabis
Business Wire - 6:51 PM ET 03/15/2018
Agreed Lazurite. Going to be a good ride. $ACBFF
I agree with you Landsharks6. We all know that the potential for this being a great money maker is definitely in the future. But there is a long road ahead and we need to get the big investors to the table. I believe this is coming but with the acquisition of CMed there will be a lot of profit taking by those investors and some dilution that will have to be overcome. I am and have always been long and strong for $ACBFF. I heard all these predictions last year and the first of this year and all have been wrong. I will be pleased with a slow and steady upward movement that will eventually achieve a mid to high double digit dollar amount by years end. To me that is realalistic but would love to be proven wrong and see it hit some of those big numbers some are predicting. GLTA. $ACBFF
That’s the way I feel also. The future is bright for $IMLFF and the other majors in the cannabis industry. I had to stop watching my stocks every hour and every day. Now I look at my stocks several times a week now that I am positioned with my stocks. Now when I am ready and have more money to invest I watch the market very closely. There’s going to be many red days and many Green Day’s. The main thing is to do your DD and then see it moving in the right direction which is higher, slow and steady. GLTA. $IMLFF.
I agree. We are in uncharted territory and that’s exciting for we investors. GLTA
You are very welcome. Going to be some exciting months and years ahead.
Great article. Thanks for sharing this link. I think this article is spot on. We haven’t seen anything yet once this market and big money comes into the MJ sector. It’s not “IF” this will happen but “WHEN” this happens. Don’t worry about these red days. Those of us that have done our DD and invested in this and other major MJ companies will be rewarded nicely. Great days ahead as this machine starts ramping up. Long and strong $ACBFF
GLTA
I believe the future for $IMLFF Inmed is bright. This company has great potential for a large pharmaceutical company to buy Inmed. Here’s a interesting article I just read and am sharing the link for those interested. Great read and keep $IMLFF in mind for a big Pharmaceutical company to purchase it. IMO
https://www.caseyresearch.com/why-coors-has-to-turn-itself-into-a-marijuana-company/
Long and strong for $IMLFF
Thanks for the insight.
Any new news about legalization in Canada? I last read a article that seem to state it might be at next election due to legislative concerns about driving being debated. Just wanted to know what you guys in Canada feel about a timeline for legalization. Long and strong $ACBFF
Here is a article I found and wanted to post. Long and strong $IMLFF
https://finance.yahoo.com/news/inmed-appoints-dr-eric-hsu-083000674.html?.tsrc=rss
That is when people and companies short the market driving the market down. You can make money shorting the stock if your timing is right. And you can get burned if the stock goes up. How that helps. The mj stocks have been being shorted for the past months. Causing people to panic and sell. Staying long will make you money with $ACBFF.
I called this one yesterday that we would be shorted. Some were saying that we would hit or break $10.00 today. The shorts are still in the game in the whole MJ sector. We will make good money on this stock but it will take some time and you have to hold on your long positions. Slow and steady and then hopefully a big move when we complete the merger and then we go legal on recreational MJ. Long and strong with $ACBFF. GLTA
Agreed. There will be another sell off. Brokers are looking for shares to short the market. A lot of people have their shares locked with a sell price. For those that don’t there are brokers looking to borrow your shares to short the market. $ACBFF shares are in high demand to be loaned out at 18.95% interest. I was approached last week because I unlocked my shares and took my sell price off. As always long and strong for $ACBFF. Going to be huge rewards for those that are long in the coming years.
No problem. I wanted to keep the board aware of what I’ve heard. My broker offered paying me18.95% interest per day to loan out my shares. I am holding long and strong on $ACBFF. Another Green Day which is always good. Slow and steady upward climb. Hopefully we will set a new 52 week high by August. GLTA
The reason I say that is because I was approached by my broker that A big ETF wants to borrow my shares to short $ACBFF. That’s wa
That makes me think we’re seeing another dead cat bounce. Just my opinion. Hope not but wouldn’t be surprised.
I am and have been long and strong for $ACBFF. I hope this is not another dead cat bounce we’re seeing. Still a long way to go before legalization. GLTA $ACBFF
$ACBFF volume today over 8 million!
Hope we can stay at $7.00 pps or above. Let’s hope this is the bottom as the dust settles but could go lower if the bulls don’t step in. Come on bulls let’s have a run next week. $ACBFF
Shorts are now selling their shares. Go to level 2 and watch how many shares are being sold versus people buying. Crazy! $ACBFF. Long